Pfizer Touts Lower WAC of 3 Oncology Biosimilars as It Launches Rituximab Product
January 24th 2020Pfizer said it expects its 3 oncology biosimilar products to have the lowest wholesale acquisition cost among currently available bevacizumab, rituximab, or trastuzumab biosimilars. Its latest, Ruxience, referencing Rituxan, launched Thursday.
The Biosimilar Solution to Expensive Cancer Care
January 20th 2020In May 2019, the FDA released its final guidance on biosimilars. With more and more oncology biosimilars entering the market, healthcare providers should be able to help their patients reduce their out-of-pockets costs while providing the highest-quality care available, which will lead to savings over time, according to a recent column in Evidence-Based Oncology™, a sister publication to The American Journal of Managed Care®.
Study Suggests CPT-13 Comparable to Infliximab at Lower Cost in Patients With IBD
January 18th 2020The biosimilar CPT-13 (Remsima) is currently approved in Europe for all uses for which the originator infliximab (Remicade) is approved, including Crohn disease (CD) and ulcerative colitis (UC), which are often referred to collectively as IBD.
Faster Drug Approvals, Weaker Data? Study Raises Concerns About FDA Process
January 14th 2020An accompanying editorial describes the current regulatory process as “a thicket of special programs, flexible review criteria, and generous incentives,” and suggests starting points for reforms, including improving access to biosimilars.
US Biosimilar Launches, Stymied by Manufacturer Opposition, Continue to Struggle, Analysis Finds
January 14th 2020In the United States, recent analyses show that biosimilars achieved just 9%, or $91 million, of the $1 billion in cost savings that the Congressional Budget Office projected 10 years ago.
ICER Releases Final Report on JAK Inhibitors for Rheumatoid Arthritis
January 13th 2020The final report includes voting results from a December 2019 meeting of one of ICER’s independent evidence appraisal panels, the California Technology Assessment Forum (CTAF), plus policy recommendations from an expert roundtable.
Lobbying Group Appeals Decision Allowing California Pay-for-Delay Law to Take Effect
January 9th 2020The law made California the first state to bar pay-for-delay pharmaceutical agreements by making them presumptively anticompetitive if the nonreference drug maker receives anything of value from the other company.
Survey Finds Asian Gastroenterologists Report Less Confidence in Biosimilars
January 8th 2020Just 6% of the Asian doctors said they felt confident using biosimilars in clinical practice. A survey of European doctors found a similar confidence level in 2013, but that level had climbed to 28.8% by 2015.
True North $100-Million Investment in Biocon Biologics Kicks Off New Fundraising Round
January 7th 2020Indian private equity firm True North could soon hold a 2.44% minority stake in Biocon Biologics India Ltd, a subsidiary of Biocon Ltd, thanks to a $100-million investment. The influx of cash values Biocon Biologics at close to $3 billion. The investment is pending regulatory approval.
Spectrum Says Its Novel G-CSF Drug Will Be Reviewed by FDA
January 4th 2020In late December, Spectrum Pharmaceuticals announced that the FDA has accepted for review a Biologics License Application for eflapegrastim, a novel drug that could, if approved, compete with existing granulocyte colony-stimulating factor (G-CSF) therapies and their biosimilars.
Gilead Submits JAK Inhibitor, Filgotinib, Under Priority Review for Rheumatoid Arthritis
January 2nd 2020Last month, Gilead Sciences submitted a New Drug Application (NDA) to the FDA for filgotinib under the priority review process. Filgotinib is a Janus kinase (JAK) inhibitor aimed at moderate-to-severe rheumatoid arthritis (RA).